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Land for sale
St Clares Church, 71- 24 Watson Terrace, Drongan, KA6 7EQ
£90,000
St Clares Church, 71- 24 Watson Terrace, Drongan, KA6 7EQ
£90,000
Our Summary
- We are excited to present this excellent development opportunity in Drongan, Ayr *** Approved Planning Permission for 4 Dwellings ****** 10, Farrell Crescent, Drongan, Ayr KA6 7EQ previously sold for £183,000 in 2017, 12, Torrance Drive, Drongan, Ayr, Ayrshire KA6 7ER previously sold for £170,000 in 2024 ***For rental purposes, the properties, once developed could potentially attract £1200 - £1300 p/m
- This could return an exceptional gross yield if achieved for the guide priceSure to appeal to shrewd developers looking for a brilliant development opportunity in an excellent location
- Planning * Approved * to build 4 three-bedroom properties with two parking spaces each
- Property is located near a whole host of local amenities and located less than 10 miles from Ayr town centre with excellent transport links to Greater Glasgow - ***PRIME LOCATION*** New Entry: Attractive development opportunity at the site of St Clares Church, Drongan in Ayrshire See East Ayrshire council website for planning application: 'Proposed demolition of existing church building and erection of 4 new houses' Ref - 24/0573/PP Local sales evidence: *** 10, Farrell Crescent, Drongan, Ayr KA6 7EQ previously sold for £183,000, 12, Torrance Drive, Drongan, Ayr, Ayrshire KA6 7ER previously sold for £170,000*** St Clares Church is set to be demolished by east Ayrshire council, with approved plans for Four 3 bedroom properties with 2 carpark spaces each ***EXCELLENT SITE WITH VAST AMOUNTS OF POTENTIAL *** The Gross Development Value (GDV) of this plot is projected to be around £750,000
- ***PRICED TO ENSURE A QUICK AUCTION SALE
- *** Would suit keen developers looking for an attractive development opportunity
- This property is offered at a fantastic price to ensure an Auction sale
- The property will feature in our upcoming timed online auction
- To participate in the live auction, you must have a bidding account created
- Sure to appeal to shrewd developers looking for a brilliant development opportunity in an excellent location
- We are excited to present this excellent development opportunity in Ayr *** Approved Planning Permission ***
Description
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Here is a summarized version of the property description in a single paragraph:
This is an exciting development opportunity in Drongan, Ayr, featuring approved planning permission to build four three-bedroom properties with two parking spaces each. The site, previously home to St. Clare's Church, has been demolished and is ready for development. With a projected Gross Development Value of £750,000, this property offers a rare chance for a shrewd builder/investor/developer to reinvigorate a historic site and benefit from potential capital growth. The location is prime, with local amenities nearby and easy access to Ayr town centre and Glasgow. The properties, once developed, could potentially attract £1200-£1300 per month in rent, returning an exceptional gross yield if achieved for the guide price.